Bristol is top city for buyer demand

Bristol was the hottest home selling spot in the UK during the final quarter of 2020, where 71.4% of homes listed on major portals were under offer or sold subject to contract.

GetAgent.co.uk also found that demand was strong in Glasgow (70.3%), Sheffield (69.5%) and Leeds (64.3%).

Demand was lowest in Aberdeen (12.7%), Bournemouth (17.9%) and London (43.3%).

Colby Short, founder and chief executive of GetAgent.co.uk, said: “Buyer demand remained extremely high in many parts of the UK during the final quarter of 2020, continuing to benefit from a stamp duty holiday boost despite entering a traditionally quieter period for the property market.

“Of course, not everywhere has benefitted to the same degree and while homes are flying off the shelves in the likes of Bristol, Glasgow and Sheffield, demand remains very low in Aberdeen.

“In London, the pandemic continues to influence buyer decisions with the capital’s peripheral boroughs performing well due to their offering of more space and a lower price tag. However, London’s central boroughs continue to suffer from a decline in popularity, largely due to the changing trends in how and where we work.”